Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - HIGHWOODS PROPERTIES, INC.Financial_Report.xls
EX-32.1 - EXHIBIT - HIGHWOODS PROPERTIES, INC.hiw09302014ex321.htm
EX-32.2 - EXHIBIT - HIGHWOODS PROPERTIES, INC.hiw09302014ex322.htm
EX-32.4 - EXHIBIT - HIGHWOODS PROPERTIES, INC.hiw09302014ex324.htm
EX-12.2 - EXHIBIT - HIGHWOODS PROPERTIES, INC.hiw09302014ex122.htm
EX-31.3 - EXHIBIT - HIGHWOODS PROPERTIES, INC.hiw09302014ex313.htm
EX-31.1 - EXHIBIT - HIGHWOODS PROPERTIES, INC.hiw09302014ex311.htm
EX-32.3 - EXHIBIT - HIGHWOODS PROPERTIES, INC.hiw09302014ex323.htm
EX-31.4 - EXHIBIT - HIGHWOODS PROPERTIES, INC.hiw09302014ex314.htm
10-Q - 10-Q - HIGHWOODS PROPERTIES, INC.hiw0930201410q.htm
EX-31.2 - EXHIBIT - HIGHWOODS PROPERTIES, INC.hiw09302014ex312.htm


Exhibit 12.1

HIGHWOODS PROPERTIES, INC.
RATIO OF EARNINGS TO FIXED CHARGES AND
RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND
PREFERRED STOCK DIVIDENDS

 
 
Nine Months Ended
September 30, 2014
Earnings:
 
 
Income from continuing operations before equity in earnings/(losses) of unconsolidated affiliates
 
$
91,117

Fixed charges
 
70,455

Capitalized interest
 
(2,940
)
Distributions of earnings from unconsolidated affiliates
 
1,634

Total earnings
 
$
160,266

 
 
 
Fixed charges and Preferred Stock dividends:
 
 
Contractual interest expense
 
$
62,352

Amortization of deferred financing costs
 
2,270

Financing obligations interest expense
 
301

Capitalized interest
 
2,940

Interest component of rental expense
 
2,592

Total fixed charges
 
70,455

Preferred Stock dividends
 
1,881

Total fixed charges and Preferred Stock dividends
 
$
72,336

 
 
 
Ratio of earnings to fixed charges
 
2.27

Ratio of earnings to combined fixed charges and Preferred Stock dividends
 
2.22